3M Company (MMM) price prediction for 2022
Predicted price range for 3M Company Our trading algorithm values 3M Company (MMM) to be strongly undervalued. ###PLOTLYGRAPH### The red lines in this …
Read ArticlePredicted price range for Bitcoin USD
Our trading algorithm values Bitcoin USD (BTC-USD) to be fairly valued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | fairly valued |
| Current trend | downtrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $19132.93 |
| 60 Day Prediction | $16200.76 |
| 60 Day Pred - Lower Bound | $10835.63 |
| 60 Day Pred - Upper Bound | $21506.73 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = -95.059 * nr_days_in_the_future + 19052.529
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
BTC-USD traded at $19132.93 this Sunday October 16th, loosing $-24.51 or -0.13 percent since last week.
Looking back, over the last month, BTC-USD has been gaining.
Over the last year, it has been loosing $-25205.86 or -131.74 percent.
Seasonality of Bitcoin USD
Using our AI model, we have been analyzing the value change for Bitcoin USD depending on the day or month of a year. This can be seen in the following graph:
